• Parliament backs thresholds that limit sustainability reporting to companies above €450 million turnover and 1,750 employees.• Due diligence duties narrowed to firms with more than 5,000 employees and €1.5...
Brussels Targets Airline Green Claims Twenty-one European airlines have agreed to overhaul their environmental marketing practices after EU consumer authorities found that many claims could mislead passengers about the climate...
The global banking group HSBC Holdings plc has published an updated Net Zero Transition Plan (NZTP), reaffirming its objective to become a net zero bank by 2050. Yet the move...
• The Science Based Targets initiative (SBTi) released its second draft of the Corporate Net-Zero Standard V2 for public consultation, open from November 6 to December 8.• The revision aims...
What was rejected The European Parliament has narrowly rejected a compromise on its negotiating position for the European Commission’s Omnibus I package — a proposal aimed at simplifying and reducing...
Brussels moves to safeguard system readiness The European Commission has unveiled a proposal to recalibrate the implementation of the EUDR, the bloc’s flagship regulation aimed at ensuring that commodities such...
EU Moves to Cut Scope of Sustainability Rules The European Parliament’s Legal Affairs Committee (JURI) voted on October 13 to approve sweeping reductions to two cornerstones of the European Green...
Brussels Pushes Forward on SME Reporting Infrastructure The European Financial Reporting Advisory Group (EFRAG) has published two reports cataloguing more than 320 digital tools and platforms designed to help small...
The Trump administration has canceled $679 million in federal funding for 12 offshore wind projects, a move that effectively derails several cornerstone initiatives launched under the Biden administration’s clean energy...
A federal judge in Texas has pressed pause on the state’s latest bid to rein in the use of environmental, social and governance considerations in corporate proxy advice, dealing a...
The European Securities and Markets Authority (ESMA) and the European Environment Agency have signed a memorandum of understanding designed to tighten cooperation in the rapidly expanding field of sustainable finance....
Assent Inc. has introduced a new EU Deforestation Regulation (EUDR) solution aimed at helping manufacturers meet the bloc’s looming compliance deadline. The regulation, which takes effect December 30, 2025, requires...
The European Banking Authority (EBA) has issued a no-action letter addressing the application of ESG Pillar 3 disclosure requirements under its Implementing Technical Standards (ITS). The move aims to ease...
In 2021, the Financial Conduct Authority (FCA) finalized climate disclosure rules for asset managers, life insurers, and FCA-regulated pension providers, requiring firms to report in line with the Taskforce on...
• SEC tells court it won’t review climate rule—and won’t commit to enforcing it• Commissioner Crenshaw: “The unspoken truth is the answer is no”• Legal uncertainty clouds future of U.S....
Anjinho demands answers on lack of public consultation, impact assessment, and climate review What’s happening In a letter to Commission President Ursula von der Leyen, Anjinho questioned the Commission’s justification...
In a significant blow to the European Commission’s anti-deforestation strategy, the European Parliament voted to reject the EUDR’s proposed country risk classification system—a key component underpinning its due diligence regime...
The European Securities and Markets Authority (ESMA) has released its first Climate Transition Plan, marking a strategic shift to align its internal operations with the EU’s long-term climate goals and...
• Supervisory review finds shortcomings in SFDR compliance and risk integration• Report identifies issues at both entity and product levels• ESMA urges national regulators to increase scrutiny and follow up...
• Confirms continued commitment to anti-greenwashing law after confusion over withdrawal• Microenterprise exemption remains the key sticking point• Final outcome hinges on Council clarity and political consensus The European Commission...